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GRI Bio | 8-K: GRI Bio Reports Second Quarter 2024 Financial Results and Provides Corporate Update

GRI Bio | 8-K: GRI Bio Reports Second Quarter 2024 Financial Results and Provides Corporate Update

GRI Bio | 8-K:GRI Bio公布2024年第二季度财务业绩并提供公司最新情况
美股SEC公告 ·  2024/08/14 20:10

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On August 14, 2024, GRI Bio, Inc., a clinical-stage biopharmaceutical company, announced its financial results for the second quarter ended June 30, 2024, and provided a corporate update. The company, which focuses on developing treatments for inflammatory, fibrotic, and autoimmune diseases, highlighted the progress of its lead program, GRI-0621, for the treatment of Idiopathic Pulmonary Fibrosis (IPF). GRI Bio reported that interim data from the Phase 2a biomarker study of GRI-0621 is expected in Q4 2024, with topline data anticipated in Q1 2025. The company also discussed its GRI-0803 program for systemic lupus erythematosus and announced a recent public offering that raised $4.0 million. As of June 30, 2024, GRI Bio had cash and cash equivalents of approximately $6.4 million, which is expected to fund operations into the first quarter of 2025. The company's net loss for the quarter was $2.4 million, with research and development expenses holding steady at $0.9 million compared to the same period in the previous year. General and administrative expenses decreased significantly from $5.1 million in the second quarter of 2023 to $1.4 million in the same period of 2024.
On August 14, 2024, GRI Bio, Inc., a clinical-stage biopharmaceutical company, announced its financial results for the second quarter ended June 30, 2024, and provided a corporate update. The company, which focuses on developing treatments for inflammatory, fibrotic, and autoimmune diseases, highlighted the progress of its lead program, GRI-0621, for the treatment of Idiopathic Pulmonary Fibrosis (IPF). GRI Bio reported that interim data from the Phase 2a biomarker study of GRI-0621 is expected in Q4 2024, with topline data anticipated in Q1 2025. The company also discussed its GRI-0803 program for systemic lupus erythematosus and announced a recent public offering that raised $4.0 million. As of June 30, 2024, GRI Bio had cash and cash equivalents of approximately $6.4 million, which is expected to fund operations into the first quarter of 2025. The company's net loss for the quarter was $2.4 million, with research and development expenses holding steady at $0.9 million compared to the same period in the previous year. General and administrative expenses decreased significantly from $5.1 million in the second quarter of 2023 to $1.4 million in the same period of 2024.
2024年8月14日,GRI Bio公司,一家处于临床阶段的生物制药公司,公布了截至2024年6月30日的第二季度财务结果,并提供了一份企业更新。该公司专注于开发治疗炎症、纤维化和自身免疫性疾病的药物,重点介绍了其首席项目GRI-0621用于治疗特发性肺纤维化(IPF)的进展情况。GRI Bio报告称,预计GRI-0621的二期生物标记研究的中期数据将在2024年第四季度发布,一线数据预计将在2025年第一季度公布。该公司还讨论了其针对系统性红斑狼疮的GRI-0803项目,并宣布最近公开发行筹集了400万美元。截至2024年6月30日,GRI Bio的现金及现金等价物约为640万美元,预计可以支持运营到2025年第一季度。该公司本季度的净亏损为240万美元,研发费用持平90万美元,与去年同期相比相同。总务及行政费用从2023年第二季度的510万下降到2024年同期的140万。
2024年8月14日,GRI Bio公司,一家处于临床阶段的生物制药公司,公布了截至2024年6月30日的第二季度财务结果,并提供了一份企业更新。该公司专注于开发治疗炎症、纤维化和自身免疫性疾病的药物,重点介绍了其首席项目GRI-0621用于治疗特发性肺纤维化(IPF)的进展情况。GRI Bio报告称,预计GRI-0621的二期生物标记研究的中期数据将在2024年第四季度发布,一线数据预计将在2025年第一季度公布。该公司还讨论了其针对系统性红斑狼疮的GRI-0803项目,并宣布最近公开发行筹集了400万美元。截至2024年6月30日,GRI Bio的现金及现金等价物约为640万美元,预计可以支持运营到2025年第一季度。该公司本季度的净亏损为240万美元,研发费用持平90万美元,与去年同期相比相同。总务及行政费用从2023年第二季度的510万下降到2024年同期的140万。
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